Costs and Remuneration Sample Clauses

Costs and Remuneration. 4.1 The Host Organization may not assert any claims for costs incurred through the execution of this contract. 4.2 The Student shall receive a monthly internship payment of: EUR .
AutoNDA by SimpleDocs
Costs and Remuneration. ‌ 1. The panel may apportion costs at its discretion. For greater certainty, if the disputants agree to terminate the panel proceedings prior to the issuance of the panel’s final report under Article 27(8), the panel retains the power to apportion any costs incurred up to such termination. 2. Each Party shall provide under its laws that any monetary award issued under Article 29(7), or any award of costs under paragraph 1, shall be enforceable in the same manner as an order issued by that Party’s superior court. 3. Parties shall, prior to the entry into force of this Agreement, and thereafter every five years, establish the amounts of remuneration and expenses that will be paid to administrators, panellists, or any experts that they may engage.
Costs and Remuneration. 1. The costs of a proceeding shall in principle be borne by the unsuccessful participant(s). However, the panel may apportion costs at its discretion if it determines that some other apportionment is reasonable taking into account the circumstances of the case. In no case shall intervenors be collectively responsible for more than one-third of the costs. 2. For greater certainty, if the panel proceedings are terminated prior to the issuance of the final panel report, the panel retains the power to apportion any costs incurred up to such termination. 3. After the final panel report has been issued, the administrator shall render an accounting to the disputants of the financial deposits received and shall return any unexpended balance to the complaining person. 4. Each Party shall provide under its laws that any monetary award issued under Article 29(7), or any award of costs under this Article, shall be enforceable in the same manner as an order issued by that Party’s superior court. 5. Schedule 5 sets out the maximum amounts of remuneration and expenses that are to be paid to the administrator and panellists, as well as other costs that may be awarded by the panel. No other costs may be assessed by a panel against the participants. Schedule 5 shall be updated by the Parties at least every five years.
Costs and Remuneration. The costs of this contract include the salary and the employer's social security contributions. The annual remuneration of the contract will be €16,450.20 gross reflected in 12 payments of €1,370.85 gross/month the first 40 months (3 years and 4 months) and €17,233.56 reflected in 12 payments of €1,468.77 the final 20 months (1 year and 8 months). This remuneration may be updated annually, if applicable, in the annual call for grants for the recruitment of researchers in training at the University of Girona. The collaborating entity shall bear 50% of the full amount of the contract for its entire duration and of the cost of academic supervision and of the compulsory training credits associated with the completion of the thesis for 5 academic years (2020-2021, 2021-2022, 2022-2023, 2023-2024 and 2024-2025) (see Appendix 1). In accordance with point 6.3.6 of the Terms and Conditions of the 2019-2021 IFUdG programme (amended in session no. 2/2020 of 12 March 2020), the collaborating entity will pay 40% of the cost at the signing of the agreement, and 15% of the cost in the first month of the following 4 years. Payment will be by bank transfer to the University of Girona’s general administration account number XX00 0000 0000 0000 0000 0000 of Banc de Sabadell. The University of Girona will assume 50% of the total amount of the contract for its entire duration, of the cost of academic supervision and of the compulsory training credits associated with the completion of the thesis during 5 academic years (2020-2021, 2021-2022, 2022-2023, 2023-2024 and 2024-2025), while the beneficiary is in receipt of the IFUdG2020 grant (see Appendix 1). The UdG will monitor the beneficiary's academic performance, insofar as the student will be registered in a doctoral programme of the UdG and, consequently, the monitoring will be governed by the regulations established by the School of Doctoral Studies. The University of Girona shall inform the collaborating entity of the incorporation of the beneficiary as well as of any other incidents occurring during the term of the contract and that may affect both the cost and the duration of the contract (for example, the reading of the doctoral thesis, suspension of the employment contract, sick leave and/or waivers). After completion of the doctoral thesis, which will state the funding received by the collaborating entity, a copy of the same will be given to each of the parties. Likewise, in the event of publication of the studies carr...
Costs and Remuneration. DRAFT (a) CBRM acknowledges that HPDP has invested considerable time and expense in relation to the promotion of the Project and shall continue to do so through the duration of this Agreement. (b) All funds to be paid hereunder shall be paid in Canadian dollars to be disbursed on closing via wire transfer.
Costs and Remuneration a) CONSULTANT shall receive, commencing on the Effective Date (defined in Section 7(c) below), as remuneration for the provision of consulting services contemplated by this agreement, the greater of (i) R$ 25.000 (Twenty Five Thousand reais) per month (the “Minimum Fee”) or (ii) 10% (ten percent) of EBITDA of CLIENT calculated based upon U.S. generally accepted accounting principles (GAAP) (the “EBITDA Amount”). EBITDA shall be defined to mean earnings before interest, taxes, depreciation and amortization; amounts paid or expenses incurred in connection with this agreement, including, without limitation, fees paid to CONSULTANT and the financial analyst and the Commission (defined below) shall be included as expenses in determining the EBITDA Amount. The EBITDA Amount shall be calculated as of the last day of each calendar quarter, subject to final approval by the Managing Committee of CLIENT. b) Payment of the Minimum Fee shall be made on the 5th day of each month during the term of this agreement. If the EBITDA Amount calculated for the applicable calendar quarter exceeds R$ 75.000 (Seventy Five Thousand reais), CLIENT shall pay to the CONSULTANT the excess amount, if any, on the last day of the month immediately following the calendar quarter end. c) The CONSULTANT will designate a financial analyst, an employee of the CONSULTANT who shall have the necessary competency to perform the responsibilities of CONSULTANT under this agreement, to provide full-time services for the CLIENT. The CLIENT may refuse the nomination if it deems the professional does not meet the qualification requirements needed to perform the works. In this case, CONSULTANT shall nominate another analyst. The financial analyst shall be paid a fee for the consulting work of R$ 12,000 (twelve thousand reais) per month, which fee shall be paid directly by CLIENT on the 5th day of each month. d) CLIENT shall reimburse CONSULTANT for the following expenses incurred in connection with the provision of services under this Agreement and upon provision of the appropriate expense vouchers: · Transportation to locations outside the metropolitan area of São Paulo / SP; and · Accommodation and food for professionals of CONSULTANT outside the metropolitan area of São Paulo - SP. · Any costs or expenses incurred by CONSULTANT in excess of R$5,000 in the aggregate during any calendar quarter shall be pre-approved in writing by the CLIENT.

Related to Costs and Remuneration

  • Remuneration and Expenses The directors shall be paid such remuneration for their services as the board may from time to time determine. The directors shall also be entitled to be reimbursed for travelling and other expenses properly incurred by them in attending meetings of the board or any committee thereof. Nothing herein contained shall preclude any director from serving the Corporation in any other capacity and receiving remuneration therefor.

  • Remuneration The Company agrees to pay the Warrant Agent reasonable remuneration for its services as such Warrant Agent hereunder and shall, pursuant to its obligations under this Agreement, reimburse the Warrant Agent upon demand for all expenditures that the Warrant Agent may reasonably incur in the execution of its duties hereunder.

  • Training Costs All costs and expenses incurred by the Contractor in the training of its employees engaged in Petroleum Operations, and such other training as is required by this Agreement.

  • General Expenses You authorize the Manager to charge your account with your Underwriting Percentage of all expenses of a general nature incurred by the Manager and Co-Managers under the applicable AAU in connection with the Offering, including the negotiation and preparation thereof, or in connection with the purchase, carrying, marketing and sale of any securities under the applicable AAU and any Intersyndicate Agreement, including, without limitation, legal fees and expenses, transfer taxes, costs associated with approval of the Offering by the NASD and the costs of currency transactions (including forward and hedging currency transactions) entered into to facilitate settlement of the purchase of Securities permitted under Section 3.1 hereof.

  • FUNERAL EXPENSES The City shall expend a sum not to exceed $30,000 for funeral expenses to the heirs of any employee covered by this MOU who dies while on active duty from injuries incurred while performing his/her job or who dies as a direct cause of such injuries. This amount includes the amount already available for this purpose in accordance with California State Labor Code Section 4701.

  • PROFESSIONAL COMPENSATION 11.1 The basic salaries of teachers covered by this Contract shall be set in accordance with the procedures set forth in this Agreement. 11.2 The salary of the teacher will be presumed correct as shown in the Uniform Teacher’s Contract unless the teacher or the Employer furnishes evidence of error. 11.3 An explanation as to how contract salary figures are computed will accompany the first paycheck of each school year. 11.4 Basic salaries for teachers shall be paid in twenty-six (26) payments. Basic salaries for teachers shall be paid in twenty-six (26) payments in a given calendar year. Exceptions may be made with the approval of the Cash Flow Committee. A teacher may receive the balance due on his contract with the first scheduled paycheck in July by written notice to the Business Office by May 1. If May 1 occurs on a day that school is not in session, the deadline shall be the next regular school day. A teacher who makes this election shall continue each year to receive the balance due on his contract with the first scheduled paycheck in July unless he notifies the Business Office by May 1 that he prefers to be paid in twenty-six (26) payments. Teachers will be notified by the Cash Flow Committee of the Xxxxxxx Teachers’ Federation prior to June 1 in the event the balance on teachers’ contracts due on the first scheduled paycheck in July cannot be paid. 11.5 New teachers will receive one half (½) of their first pay one payroll in advance and the remaining one half (½) on the next pay date. 11.6 Effective January 1, 2009, teacher pay will be issued via direct deposit only. 11.7 The Superintendent may approve additional compensation for individual teachers who have been authorized by the Superintendent to perform additional work assignments. 11.8 Payroll deductions for teachers shall be made as required by law or as mutually agreed to by the parties. Teachers may authorize deductions for tax-sheltered annuities during open enrollment periods of the carrier companies involved. 11.9 Deductions for daily absences not covered by provisions in the Contract shall be made at the same rate as earned. 11.10 Effective January 1, 1993, the Board shall pay directly to the Indiana State Teachers Retirement Fund each teacher’s three percent (3%) contribution to the fund. 11.11 The parties recognize that the salaries which appear on Regular Teacher’s Contracts and Teacher’s Temporary Contracts will be inaccurate whenever a salary increase is approved after these contracts have been executed. At the time of a teacher’s retirement, the Employer will review these contracts and, when necessary, revise the contracts for the five (5) years of service before retirement in which the teacher’s annual compensation was highest so they accurately reflect the sums which the teacher earned in each of those five (5) years. 11.12 The parties recognize that students are entitled to be taught by fully qualified teachers, while at the same time recognizing a professional responsibility to assist in the preparation of student teachers. Therefore, supervision by a teacher of a student teacher shall be voluntary. No teacher should serve as a supervising teacher more than one-half (1/2) of the total teaching time each year. This provision was not bargained and has been included for informational purposes only. Should 11.13 If the Employer determines that any committee should continue its work during the summer, teachers belonging to the committee performing such services shall be paid on the same basis and in the same manner as summer school teachers. If the Employer determines that professional development should occur in the summer, specific teachers invited to participate shall be paid on the same basis as summer school teachers.

  • Fees, Expenses and Reimbursement (a) The Board may cause the Fund to compensate each Manager who is not an "interested person" of the Fund (as defined in the 1940 Act), and such Manager shall be reimbursed by the Fund for reasonable travel and out-of-pocket expenses incurred by him in performing his duties under this Agreement. (b) The Fund shall bear all costs and expenses incurred in its business and operations. Costs and expenses to be borne by the Fund include, but are not limited to, the following: (1) all costs and expenses directly related to investment transactions and positions for the Fund's account, including, but not limited to, brokerage commissions, research fees, interest and commitment fees on loans and debit balances, borrowing charges on securities sold short, dividends on securities sold but not yet purchased, custodial fees, margin fees, transfer taxes and premiums, taxes withheld on foreign dividends, and indirect expenses from investments in Investment Funds; (2) all costs and expenses associated with the operation and registration of the Fund, offering costs and the costs of compliance with applicable Federal and state laws; (3) all costs and expenses associated with the organization and operation of separate Investment Funds managed by Investment Managers retained by the Fund; (4) the costs and expenses of holding meetings of the Board and any meetings of Members, including costs associated with the preparation and dissemination of proxy materials; (6) the fees and disbursements of the Fund's counsel, legal counsel to the Independent Managers, auditing and accounting expenses and fees and disbursements for independent accountants for the Fund, and other consultants and professionals engaged on behalf of the Fund; (7) the fees payable to custodians and other persons providing administrative services to the Fund; (8) the costs of a fidelity bond and any liability insurance obtained on behalf of the Fund or the Board or Indemnitees; (9) all costs and expenses of preparing, setting in type, printing, and distributing reports and other communications to Members; and (10) such other types of expenses as may be approved from time to time by the Board. (c) Subject to procuring any required regulatory approvals, from time to time the Fund may, alone or in conjunction with other registered or unregistered investment funds or other accounts for which CSFB Alternative Capital, or any Affiliate of CSFB Alternative Capital, acts as general partner or investment adviser, purchase insurance in such amounts, from such insurers and on such terms as the Board shall determine.

  • Expenses and Compensation Except for expenses specifically assumed or agreed to be paid by the Portfolio Manager under this Agreement, the Portfolio Manager shall not be liable for any expenses of the Portfolio or the Trust, including, without limitation: (i) interest and taxes; (ii) brokerage commissions and other costs in connection with the purchase and sale of securities or other investment instruments with respect to the Portfolio; and (iii) custodian fees and expenses. For its services under this Agreement, Portfolio Manager shall be entitled to receive a fee, which fee shall be payable monthly in arrears at the annual rate of 0.45% of the average daily net assets of the Account.

  • Remuneration and fees In most cases we are paid by commission from the insurer but in some circumstances, we may charge you a fee instead of commission or a combination of both where we arrange policies with a low commission. Where we charge a fee, this will not be liable for insurance premium tax or value added tax (insurance is a VAT exempt industry). All fees will be advised verbally and/or will be included within the Statement of Price document before you incept your policy. We will also make the following administration charges per policy: See Appendix 1 Our commission and fee(s) are earned on placement of your insurance. If you make a change or cancel your policy mid-term (other than in the 14-day Cooling Off period) which results in a return premium, we will retain all fees and any commission to cover our administration and advisory services. Our fees will be clearly shown in any invoice we issue to you, and we will advise you of the amount of any charge before you become liable to paying it. We have arrangements with some insurers to receive additional payments reflecting the size and/or profitability of our account with them and/or in respect of work we undertake on their behalf, and we will advise you where this is the case.

  • Allocation of Charges and Expenses Except as otherwise specifically provided in this section 4, you shall pay the compensation and expenses of all Trustees, officers and executive employees of the Trust (including the Fund's share of payroll taxes) who are affiliated persons of you, and you shall make available, without expense to the Fund, the services of such of your directors, officers and employees as may duly be elected officers of the Trust, subject to their individual consent to serve and to any limitations imposed by law. You shall provide at your expense the portfolio management services described in section 2 hereof and the administrative services described in section 3 hereof. You shall not be required to pay any expenses of the Fund other than those specifically allocated to you in this section 4. In particular, but without limiting the generality of the foregoing, you shall not be responsible, except to the extent of the reasonable compensation of such of the Fund's Trustees and officers as are directors, officers or employees of you whose services may be involved, for the following expenses of the Fund: organization expenses of the Fund (including out of-pocket expenses, but not including your overhead or employee costs); fees payable to you and to any other Fund advisors or consultants; legal expenses; auditing and accounting expenses; maintenance of books and records which are required to be maintained by the Fund's custodian or other agents of the Trust; telephone, telex, facsimile, postage and other communications expenses; taxes and governmental fees; fees, dues and expenses incurred by the Fund in connection with membership in investment company trade organizations; fees and expenses of the Fund's accounting agent for which the Trust is responsible pursuant to the terms of the Fund Accounting Services Agreement, custodians, subcustodians, transfer agents, dividend disbursing agents and registrars; payment for portfolio pricing or valuation services to pricing agents, accountants, bankers and other specialists, if any; expenses of preparing share certificates and, except as provided below in this section 4, other expenses in connection with the issuance, offering, distribution, sale, redemption or repurchase of securities issued by the Fund; expenses relating to investor and public relations; expenses and fees of registering or qualifying Shares of the Fund for sale; interest charges, bond premiums and other insurance expense; freight, insurance and other charges in connection with the shipment of the Fund's portfolio securities; the compensation and all expenses (specifically including travel expenses relating to Trust business) of Trustees, officers and employees of the Trust who are not affiliated persons of you; brokerage commissions or other costs of acquiring or disposing of any portfolio securities of the Fund; expenses of printing and distributing reports, notices and dividends to shareholders; expenses of printing and mailing Prospectuses and SAIs of the Fund and supplements thereto; costs of stationery; any litigation expenses; indemnification of Trustees and officers of the Trust; and costs of shareholders' and other meetings. You shall not be required to pay expenses of any activity which is primarily intended to result in sales of Shares of the Fund if and to the extent that (i) such expenses are required to be borne by a principal underwriter which acts as the distributor of the Fund's Shares pursuant to an underwriting agreement which provides that the underwriter shall assume some or all of such expenses, or (ii) the Trust on behalf of the Fund shall have adopted a plan in conformity with Rule 12b-1 under the 1940 Act providing that the Fund (or some other party) shall assume some or all of such expenses. You shall be required to pay such of the foregoing sales expenses as are not required to be paid by the principal underwriter pursuant to the underwriting agreement or are not permitted to be paid by the Fund (or some other party) pursuant to such a plan.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!